KYIV, Feb 17 - Analysts from BofA Global Research predict that the National Bank of Ukraine (NBU) will revise inflation towards increase by 50 b.p. in April and another 50 b.p. by the end of the year, according to the BofA survey.
According to the report, the sharp acceleration of inflation to 6.1% year-over-year in January with overcoming the NBU's target range of 4-6% in a couple of months is due to a sharp jump in gas prices and corresponding tariffs for utilities.
|